A few months ago, I decided to get back into investing. We had sold our apartment years ago and the proceeds had just been sitting in an online savings account. The fact that interest rates were getting lower and lower in Australia prompted me to look for alternative places for our savings and I had been reading up and listening on podcasts about exchange traded funds (ETF).
ETFs are investment funds that are traded on a share market, such as the ASX. In this post, the words “ETF” and “share” can be used interchangeably. When I refer to buying an ETF, I’m referring to buying a share of an ETF on the ASX.
While I had invested in a managed fund in the past, I had never bought shares directly before. This post sets out the steps I followed to set up my ETF portfolio. (more…)
So, I’m turning 27 in August which basically means I’m turning 30 in 5 minutes and it’s never been more clear to me that I’m well and truly on the bus to grown up town. For one thing, in my new workplace, I’m no longer the youngest employee in the department. I’ve worked full time in office environments for over 7 years, and I’ve always interacted with older employees only. This was something I tried to hide at first, starting out as an 18 year old and keen to earn the respect of those around me, and then entering my early twenties it was something I embraced. But now there are at least 3-4 people I interact with who are my age or younger, I’m finally amidst my generation in the workforce and it’s making me realise that we’re all well and truly ‘adulting‘. Another example of this is meeting with a financial planner who was my age. Call me an age-ist but we were both sitting in this meeting room having a professional conversation and in the back of my mind I was thinking, ‘wow, it’s like we’re both pretending to be grown ups, but he’s my age, he knows that I’m not!‘.
I don’t know about you, but I and the majority of friends my age don’t feel like we’re bona fide adults yet. There are things in life that shouldn’t have to change with age if you don’t want them to. For example, how much fun you have, how passionate you are about what you do, your hobbies and the time you spend with family and friends. However, the looming prospect of 30 does motivate me to get the boring and basics of being a responsible adult in order. Here’s my guide to feeling like a responsible adult who has their shit together. (more…)